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Adair Electric Company

$1,720,500 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
3004637105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,720,500
Current Approval
$1,720,500
Forgiveness Amount
$1,737,328
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Adair Electric Company
Address
204 16th Street SE
City
Rochester
State
Minnesota
ZIP Code
55904-4733
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$36.2M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,720,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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